tag:blogger.com,1999:blog-30868010.post343858049840812833..comments2007-12-03T01:59:22.072-08:00Comments on immobilienblasen: Credit Quality in a Freefalljmfhttp://www.blogger.com/profile/07573793835441139826noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-30868010.post-74995800956999455072007-12-03T01:59:00.000-08:002007-12-03T01:59:00.000-08:00Recession Hits U.S. Corporate Profits; Economy Mig...<A HREF="http://www.bloomberg.com/apps/news?pid=20601087&sid=aZi6pAy35zW4&refer=home" REL="nofollow"><BR/>Recession Hits U.S. Corporate Profits; Economy Might Be Next <BR/></A><BR/><BR/>Corporate profits, as measured by the Commerce Department, fell at an annual rate of $19.3 billion in the third quarter from the second, as domestic earnings dropped by $41.2 billion. The drag from sagging U.S. sales and huge writedowns offset robust earnings abroad, fueled by the weak U.S dollar. The fourth quarter may be an even bigger bust.jmfhttp://www.blogger.com/profile/07573793835441139826noreply@blogger.com